EOG Resources (ticker: EOG) had a Q2 net income of $23.1 million. A year ago, during the same quarter of 2016, the company reported a net loss of $292.6 million. EOG’s oil production grew to 334,700 BOPD during Q2, a 25% improvement from the previous quarter. In its Delaware basin assets, EOG completed 25 wells in the Wolfcamp, 19 wells
A Look at Valuations EOG Resources (ticker: EOG) announced yesterday the divestiture of all its assets in Manitoba and certain assets in Alberta in two separate transactions to unidentified buyers that closed November 28 and December 1, 2014, respectively. The company announced that the net proceeds for the deals totaled $410 million, and that the deal will release $150 million
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